How to Invest in Cryptocurrencies with Little Money

In the ever-evolving financial landscape of cryptocurrencies, many enthusiasts and novice investors are seeking to understand how they can participate in the market even with limited resources . This is reflected in the Raio X do Investidor survey , conducted in Brazil by Anbima, which shows an increase from 31% to 36% in the percentage of Brazilians who invest their money.

However, the increase in Brazilians investing in cryptocurrencies was much more moderate, going from 2% to just 3% . Despite being a 50% increase, the number is still low. One explanation for this could be the fall in cryptocurrency prices in 2022.

But another explanation is that many people still think that you have to be rich to have cryptocurrencies. In fact, a large number of Brazilians see Bitcoin (which currently costs around R$215,000) as expensive, because they think they have to buy a whole Bitcoin .

The good news is that the cryptocurrency world offers a variety of opportunities for those who want to start investing in cryptocurrencies with little money. Bitcoin itself does not need to be purchased all at once. But there are also other cryptocurrencies that are cheaper , some costing cents or reais .

Whether you’re looking to gain initial exposure to the market or explore affordable investment strategies, this guide aims to demystify the process of investing in crypto on a budget. We’ll explore the practical approaches, essential considerations, and strategies that can empower investors with fewer resources to embark on this exciting journey of financial potential .

Why invest in cryptocurrencies with little money?

Many investors, especially beginners, are scared by the value of some of the largest cryptocurrencies on the market. “ Wow, a Bitcoin costs more than R$200,000, I don’t have the money to buy it! ” they say. This perception of the value of a whole Bitcoin as expensive can repel people who have less money .

However, you don’t have to start your cryptocurrency journey by buying a whole Bitcoin (or any other cryptocurrency). One of the biggest advantages of this market is divisibility, that is, cryptocurrencies can be divided into several different units. One BTC, for example, is divided into 100 million small units known as satoshis .

Because they are divisible, anyone can buy small pieces of a cryptocurrency. If you only have R$50 reais, you can make a purchase of Bitcoin for that amount. The same goes for Ether (ETH), Solana (SOL) or any other cryptocurrency .

In addition, there are over 20,000 other cryptocurrencies on the market, and they all have different values. Many of them can cost as little as R$1.00, which allows you to acquire more units even with little money available . In the example above, with R$50 reais you can already buy 50 units of a cryptocurrency that costs R$1.00.

Another advantage of buying low-value cryptocurrencies is the greater profit potential they offer. The lower the unit value of a cryptocurrency, the greater the chance that its price will appreciate and generate profits. It is easier to see a 100% increase in a MATIC, which costs around R$3.50, than in Bitcoin, which costs almost R$210,000 .

Finally, investing in cryptocurrencies with little money brings discipline, allowing you to be regular when making your contributions. It also provides security, since the amount invested is smaller, which also reduces the size of the loss in the event of a total loss of the investment .

How to invest in cryptocurrencies with little money: practical steps

The first way to organize your investments with little money is to define which strategy to use: diversification or concentration . In other words, do you want to invest in several cryptocurrencies at once and build a good portfolio? Or, since money is limited, do you want to concentrate everything on one or two options that seem more promising?

At first glance, diversification seems like the best option, but with a limited budget it becomes more difficult to create a large portfolio. Since your investments will be smaller, you will make fewer purchases, which will result in lower profits . 

For example, imagine that your investment budget is R$200 per month and you decide to buy five cryptocurrencies. In this case, the average investment would be R$40 per cryptocurrency, which corresponds to less than R$500 per year. But if you decide to start with two cryptocurrencies, you could invest R$100 in each, totaling R$1,200 in annual investment – ​​more than double . 

If one of these cryptocurrencies appreciates by 1,000%, for example, your return will be much higher than in a diversified portfolio. On the other hand, a more concentrated portfolio increases the chances of losses . In the same example, if one of the cryptocurrencies fails, in the diversified portfolio above this would result in a loss of only 20%. But in a concentrated portfolio with two cryptocurrencies, the loss would reach 50%. There are pros and cons to both strategies.

Once you have decided on a strategy, it is time to choose which broker to use to make your investments. In this case, give preference to brokers with greater liquidity and lower fees, to avoid even greater losses due to these costs . For smaller investments, a 1% lower fee makes all the difference in the short term.

Practical strategies for investing in cryptocurrencies

As with any investment, having a strategy in place is the safest way to see a return on cryptocurrencies in the long term. Without a defined strategy, investors are tempted to make impulse purchases and sales, missing out on the opportunity to make a profit in the long term. And you certainly don’t want to miss out on the best chances of making a profit in 2023, right ?

One of the best-known strategies in the cryptocurrency market is Dollar Cost Averaging , the famous DCA. As we have already mentioned in other texts , DCA consists of making gradual purchases over time, taking advantage of the best opportunities that the market brings each month, week or even day.

DCA is the best way to invest during a market downturn , as in this scenario the price of cryptocurrencies falls more consistently. This way, DCA allows you to always have cash on hand to buy your cryptocurrencies when the price drops.

On the other hand, in scenarios of rising prices, this is not the best strategy. After all, with cryptocurrencies increasing in value every day, performing DCA gives you a great chance of buying fewer units per real, if the price rises further . In this case, the best strategy is to buy the entire amount at once, something known in the market as lump sum .

With the lump sum strategy, by making a single purchase, you can take advantage of the subsequent rise in the market without having to risk paying more . DCA has the great advantage of creating discipline and allowing the investor to take advantage of falls, while lump sum is the best way to deal with the market in times of rising prices.

In addition to the investment strategy, the type of asset is also a factor to consider. There is no point in investing in any low-value cryptocurrency thinking that it will make you rich in the long term . Unfortunately, among the more than 20,000 cryptocurrencies on the market, the vast majority are useless and do not have a clear value proposition. Before investing, pay attention to these details:

• Value proposition: What does this blockchain have to offer that justifies the value of the cryptocurrency?

• Total supply of cryptocurrency: If a blockchain has a supply of 50 trillion cryptocurrencies, it is unlikely that the price will explode in the long term. The lower the circulating supply, the greater the chance of an increase;

• Who is behind it: Do you know the history of the team that created this cryptocurrency? What if there is someone among the creators with a history of scams or failures? Research these answers before investing;

• Project security: the increase in hacker attacks in the market puts this factor first. See what protections the project team has in place to prevent cryptocurrency losses and theft at the hands of cybercriminals.

Top 12 cryptocurrencies to invest in with little money in 2024

As seen at the beginning of the text, the best opportunities to find cryptocurrencies at lower prices usually occur during launches. And the year 2024 still promises to bring excellent opportunities for those who want to start investing with little money . As optimism about new highs returns to the market, new launches will occur, increasing the chance of profits.

But in addition to the new cryptocurrencies, there are options that have been on the market for a longer time, but with a still low value. And some of them are among the most promising tokens of the moment, due to the growth of their functionalities. Second-tier tokens are in this group of promising cryptocurrencies .

And to help you, the reader, choose the best options at the moment, we have selected 12 ideal cryptocurrencies that are at excellent prices . All of them have ridiculous values ​​per token, allowing you to buy them in larger quantities and maximize your profits. And our choices are the following:

1. 1. Pepe Unchained – Crypto with low fees, high speed and massive staking rewards.
   2. The Meme Games – New play-to-earn memecoin celebrating the 2024 Olympics.
   3. WienerAI – Infinitely upgradeable sausage dog-themed token offering high APY staking benefits.
   4. PlayDoge – Play-to-earn (P2E) mobile game with Doge as the main character.
   5. Shiba Shootout : Wild West themed memecoin with community rewards and staking.
   6. Base Dawgz: Memecoin multi-chain com recompensas share-to-earn.
   7. Mega Dice Token – A CasinoFi token that offers tradable NFTs and staking APYs.
   8. 99Bitcoins – Innovative L2E Token, Earn APYs with Staking and Learning Rewards.
   9. Sponge V2 – Second version of the successful memecoin inspired by the iconic SpongeBob SquarePants.
   10. Polygon – Scaling solution for Ethereum with fast and cheap sidechains.
   11. Stacks – Platform for smart contracts on Bitcoin.
   12. Optimism – Layer 2 protocol for Ethereum scalability.

1. Pepe Unchained

Pepe Unchained is a Layer 2 blockchain that offers unmatched speed and low transaction fees, designed specifically for meme coin enthusiasts. It provides 100x faster transactions than Ethereum and an instant bridge between ETH and Pepe Chain. With $PEPU, you can stake tokens to earn significant rewards and be part of a vibrant ecosystem.

Pepe Unchained’s dedicated block explorer and lower fees make it an attractive choice in the presale market. To get the most out of this project, read the whitepaper, follow Pepe Unchained on X, and join the Telegram channel.

Visit the Pre-Sale website

2. The Meme Games

The Meme Games ($MGMES) brings the excitement of the Olympic Games to its pre-sale, giving investors the chance to earn bonus tokens every time they purchase $MGMES tokens.

All you have to do is select one of the iconic meme characters, such as Doge, Pepe, and Brett, and try your luck in a 169m race. All characters have an equal chance of winning, and winning a race is random. If your character wins, you get 25% bonus tokens.

You can purchase $MGMES tokens multiple times to increase your chances of winning, as each purchase allows you to pick another meme athlete. During the presale, investors can stake their tokens to earn a dynamic APY of 4,500%. Being dynamic, it will decrease as more tokens are staked, giving early investors the biggest rewards.

Visit the Pre-Sale website

3. WienerAI

WienerAI ($WAI) is one of the biggest memecoin sensations with the potential to fly to the moon when it launches on cryptocurrency exchanges. Within hours of its pre-sale launch, this promising project has already raised over $200,000 in seed funding.

WienerAI comes with a combination of AI and memecoin fundamentals, describing itself as the “first Wiener/Dog/Artificial Intelligence ever created.” With its community-driven tokenomics and strategic roadmap, the dog-inspired token aims to lead the bustling memecoin market.

Despite being a new cryptocurrency, WienerAI has quickly gained prominence, attracting the attention of market whales. A key factor that has positioned Wiener AI for success in the market is its perfect launch timing.

With the overall market sentiment still bullish, investors continued to show a strong appetite for memecoins with “100x potential.” Since Wiener AI is a token with such promising potential, more buyers are sure to participate in its presale.

To purchase the token at a discount and stand a chance of earning exponential gains when it hits exchanges, visit the website now. In addition to purchasing Wiener AI to gain potential market gains, early adopters can also take advantage of its standard staking mechanics to earn lucrative rewards.

Visit the Pre-Sale website

4. PlayDoge

The top memecoin to invest in 2024 is PlayDoge ($PLAY). PlayDoge takes the top spot by introducing a play-to-earn mobile game that will turn the iconic Doge meme into a Tamagotchi-style virtual pet.

Bringing back 90s nostalgia, the PlayDoge mobile game will feature 8-bit 2D graphics, similar to the classic Tamagotchi style of gaming. However, PlayDoge is combining entertainment with financial incentives by launching the $PLAY token.

By caring for your PlayDoge virtual pet and competing in mini-games, you can earn $PLAY tokens as a reward. The upcoming launch of the app will showcase the best performances in the game on an online leaderboard. Top performers will also be eligible for additional $PLAY bonuses and other exclusive rewards.

PlayDoge launched at a time when investors are starting to value utility. In the past 30 days, Dogecoin – purely a memecoin – is up 15%, while high-utility memecoins like Floki Inu – which has a P2P game called Valhalla – are up over 50%.

$PLAY token holders can gain more utility by staking their tokens. Currently, $PLAY is priced at $0.00451 in the presale. The presale will consist of 40 rounds, through which PlayDoge aims to raise a maximum cap of $24.4 million.

Visit the Pre-Sale website

5. Shiba Shootout

Shiba Shootout is a Western-themed memecoin featuring Shiba Sharpshooters and an engaging storyline. The $SHIBASHOOT token, an ERC-20 asset, powers several ecosystem activities. These include referral rewards, community engagement through Campfire Stories, and gamified airdrops via Lucky Bow Sweepstakes.

With a total of 2.2 billion tokens, 35% are allocated for the presale. The remaining tokens support Saddlebags Savings and Cactus staking for long-term gains. Shiba Shootout aims to provide both short-term excitement and long-term benefits.

Visit the Pre-Sale website

6. Base Dawgz

Base Dawgz is an interesting memecoin with the potential to explode in 2024. That’s because $DAWGZ isn’t tied to a single blockchain. Instead, utilizing Wormhole and Portal Bridge technologies, $DAWGZ is available on five blockchains: Base, Solana, Ethereum, Binance, and Avalanche.

This gives the token massive exposure to the memecoin trading community and other investors. To help promote the token, Base Dawgz will reward users who connect their X accounts and post Base Dawgz-related memes and content. This is called “Be Social for Airdrop.” Additionally, there is an allocation of 15% of the total token supply for marketing purposes.

$DAWGZ is currently available in a pre-sale where early investors can secure a low price. Once the token is listed on exchanges, the price will not be the same. Check out the Base Dawgz whitepaper to learn more about the project.

Why Dawgz Base Could Be the Next Crypto to Explode

• $DAWGZ offers seamless interoperability across multiple blockchains (ETH, SOL, BSC, AVAX), providing versatile use cases for users.
• The roadmap includes strategic phases such as DEX and CEX listings, community rewards, and ongoing marketing.
• Tokenomics allocates 20% to presale, staking, and liquidity, ensuring sustainable growth.

Visit the Pre-Sale website

7. Mega Dice Token

Mega Dice Token ($DICE) is a token based on the Solana network, powering an entire gaming ecosystem. The token can be used to claim various bonuses and rewards at Mega Dice Casino and sportsbook.

This token has the potential to explode due to the following use cases it offers:

• Staking Yields – Stake $DICE on the Mega Dice smart contract across three staking pools and start collecting regular annual yields.
• Daily Rewards – Staking token holders can earn daily rewards in casino games depending on their previous performance at the casino.
• Get NFTs – Certain $DICE holders have access to limited edition NFTs. This leads to special privileges and rewards in the ecosystem.
• Early Bird Bonus – Purchase $DICE early during the presale and get free tokens as an early bird bonus.

Mega Dice Token has a fixed supply of 420 million tokens. According to the Mega Dice Token whitepaper, a portion of the profits generated will be used to buy back tokens in the ecosystem. The platform will also start burning tokens to reduce the supply.

35% of the supply is being offered through ongoing presale. Another 10% will be offered as staking rewards. The $DICE token is priced at $0.069 during the initial presale round.

Visit the Pre-Sale website

8. 99Bitcoins

In early 2010, 99Bitcoins launched as an online crypto-educational platform. Now, the popular platform is transforming into a Learn to Earn ecosystem where users are rewarded with digital assets for increasing their knowledge.

Built on the Ethereum blockchain, 99Bitcoins will soon migrate to the Bitcoin network. It will adopt the BRC-20 network standard, which allows developers to create DApps and NFTs.

At 99Bitcoins, you can complete interactive courses, seminars, and quizzes. As you progress through the curriculum, 99Bitcoins offers $99BTC tokens as rewards. Out of its 99 billion token supply, 17% will be offered as community rewards.

While the earning possibilities through the educational ecosystem are enough to generate huge growth potential, 99Bitcoins also offers high staking yields. You can earn annual yields of up to 70,000% with $99BTC staked.

14% of the token supply will be offered as staking rewards over the next two years. Finally, token holders get exclusive access to VIP groups and expert trading signals. For these reasons, 99Bitcoins could be the next cryptocurrency to explode.

The project had a great start to its presale – raising over $117,000 in just a few hours. The goal is to raise $11 million through the presale before launching on centralized and decentralized exchanges.

Visit the Pre-Sale website

9. Sponge V2

The year 2023 was marked by surprising increases in the prices of several memecoins, resulting in considerable gains for those who managed to position themselves appropriately in the market. Among the memecoins that experienced notable increases in value, both the established and the newer ones stood out and hold a special place among the best investments for 2024.

One notable example is one of the promising microcoins, Sponge V2 (SPONGEV2) , a new iteration of the memecoin Sponge ($SPONGE), which has attracted considerable interest from traders. The new iteration is introducing a unique pre-sale, where investors can acquire Sponge V2 tokens by staking them with tokens from the original version of the cryptocurrency.

The strategy of the team behind Sponge V2 is to create an engaged community, taking inspiration from the success of the original version. The latter, launched in May 2023 on Uniswap, saw a significant increase in value shortly after its launch. Despite a subsequent slowdown, Sponge has maintained a considerable value and has seen a subsequent increase in its price.

With a total supply of 150 billion tokens, Sponge V2 allocated 26.93% for pre-sale acquisition through staking , with the remainder distributed between staking rewards, liquidity on decentralized exchanges, marketing expenses, game development, and in-game rewards.

Investors are interested in Sponge V2 for a number of reasons, including the expectation of similar returns to the original version and the current memecoin-friendly environment in the market. Additionally, the connection to the popular SpongeBob SquarePants character and plans for a Play-to-Earn game are generating excitement around the cryptocurrency.

The team behind Sponge V2 plans to build on the success of the original version by leveraging proven strategies to grow the community and increase visibility on social media. Allocating resources to marketing expenses and pursuing listings on major exchanges are part of the plan to further drive the success of the new memecoin.

Visit the Pre-Sale website

10. Polygon (MATIC)

Unlike previous tokens, MATIC is not in pre-sale. But with its price orbiting around the $0.80 range (R$4.00), it becomes one of the best candidates among traditional cryptocurrencies .

MATIC is a token from Polygon, a network that runs second – layer projects on Ethereum. Second layers are like “extensions” that increase the capabilities of the main blockchains to perform certain operations . They can bring more speed to transactions or support new functions.

In Polygon’s case, its goal is to offer faster and lower-cost transactions. By doing so, it can decongest Ethereum, as well as offering smaller projects a more viable option to launch their tokens .

11. Stacks (STX)

Speaking of layer 2 once again, we have Stacks and its STX token emerging as one of the best investments of 2023. But unlike Polygon, Stacks is a layer 2 network that serves Bitcoin . This is because Bitcoin does not have broad resource options like Ethereum.

This limitation makes the Bitcoin mainnet inefficient for running NFTs or DeFi protocols, for example. And this is where Stacks comes in, which aims to enable DeFi, NFTs, applications, and smart contracts on Bitcoin . As a second layer, it does not use the Bitcoin blockchain for these activities, bringing more security and scalability.

STX is used to pay transaction fees and can be locked directly into the network to earn BTC rewards. It costs around $1.25, which is approximately $6.00 at the time of writing , and is coming off a 500% increase in 2023. But its price could continue to rise as demand for new features arrives on Bitcoin.

12. Optimism (OP)

Finally, the list brings another layer 2 token for Ethereum, OP, from the Optimism network. Optimism is a layer 2 protocol and smart contract platform that aims to enable low-cost and near-instant transactions on Ethereum. In other words, it has a similar function to Polygon.

One of Optimism’s distinguishing features is that it uses optimistic rollups. This means that transactions are recorded on Optimism but ultimately protected on Ethereum, benefiting from the security of this network. Launched in 2023, this network has seen its token price grow significantly, but is still at a reasonable price point, costing around US$2.30. That is, just over R$11.00 .

Minimizing Risks: A Guide to Investing Safely with Little Money

Since most of the cryptocurrencies on the list are in the launch phase, they cannot yet be purchased on major exchanges. Therefore, the first security tip is to avoid making any type of transaction outside of the official links that are present in this text . Do not purchase any token in the pre-sale outside of these links.

It is worth noting that the cryptocurrency market unfortunately still faces many scams, especially during times of market growth. These scams involve fake listings on platforms, fake token distributions, among others. Connecting your wallet to these sites can lead to scams that will steal your cryptocurrencies , so be very careful.

When it comes to listings, one tip is to look for exchanges that offer the best trading rates. This is because if you are already investing in cryptocurrencies with little money, the fees can eat up a good part of your income right away . Platforms like Binance and Coinbase usually offer zero fees for the first token listings.

But the best way to save money is by using decentralized exchanges (DEX), which have practically zero fees. The best options are Uniswap and PancakeSwap, which are the largest on the market . Always look for listings on these platforms.

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